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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Additional Paid-In Capital & Common Stock
Treasury Stock [Member]
Retained Earnings
Accumulated Other Comprehensive Loss [Member]
Total
Beginning Balance at Feb. 03, 2018 $ 842 $ (63) $ 2,019 $ (279) $ 2,519
Beginning Balance (in shares) at Feb. 03, 2018 121,262,000        
Beginning Balance (in treasury shares) at Feb. 03, 2018   (1,433,000)      
Restricted stock issued (in shares) 92,000        
Issued under director and stock plans $ 6       6
Issued under director and stock plans (in shares) 146,000        
Share-based compensation expense $ 16       16
Shares of common stock used to satisfy tax withholding obligations   $ (1)     (1)
Shares of common stock used to satisfy tax withholding obligations (in shares)   (36,000)      
Share repurchases   $ (313)     (313)
Share repurchases (in shares)   (6,689,000)      
Reissued - employee stock purchase plan   $ 2     2
Reissued - employee stock purchase plan (in shares)   48,000      
Net income     383   383
Cash dividends declared on common stock ($0.38, and $0.345 per share in 2019 and 2018 respectively)     (120)   (120)
Translation adjustment, net of tax       (81) (81)
Change in cash flow hedges, net of tax       1 1
Pension and postretirement adjustments, net of tax       (2) (2)
Cumulative effect of the adoption new ASUs | Accounting Standards Update 2014-09 [Member]     4   4
Cumulative effect of the adoption new ASUs | Accounting Standards Update 2016 16 [Member]     37   37
Ending Balance at Nov. 03, 2018 $ 864 $ (375) 2,323 (361) $ 2,451
Ending Balance (in shares) at Nov. 03, 2018 121,500,000        
Ending Balance (in treasury shares) at Nov. 03, 2018   (8,110,000)     (8,109,644)
Beginning Balance at Aug. 04, 2018 $ 857 $ (267) 2,232 (340) $ 2,482
Beginning Balance (in shares) at Aug. 04, 2018 121,497,000        
Beginning Balance (in treasury shares) at Aug. 04, 2018   (5,869,000)      
Issued under director and stock plans (in shares) 3,000        
Share-based compensation expense $ 7       7
Shares of common stock used to satisfy tax withholding obligations (in shares)   (4,000)      
Share repurchases   $ (108)     (108)
Share repurchases (in shares)   (2,237,000)      
Net income     130   130
Cash dividends declared on common stock ($0.38, and $0.345 per share in 2019 and 2018 respectively)     (39)   (39)
Translation adjustment, net of tax       (23) (23)
Pension and postretirement adjustments, net of tax       2 2
Ending Balance at Nov. 03, 2018 $ 864 $ (375) 2,323 (361) $ 2,451
Ending Balance (in shares) at Nov. 03, 2018 121,500,000        
Ending Balance (in treasury shares) at Nov. 03, 2018   (8,110,000)     (8,109,644)
Beginning Balance at Feb. 02, 2019 $ 809 $ (37) 2,104 (370) $ 2,506 [1]
Beginning Balance (in shares) at Feb. 02, 2019 112,933,000        
Beginning Balance (in treasury shares) at Feb. 02, 2019   (711,000)     (711,024)
Restricted stock issued (in shares) 88,000        
Issued under director and stock plans $ 4       $ 4
Issued under director and stock plans (in shares) 183,000        
Share-based compensation expense $ 19       19
Shares of common stock used to satisfy tax withholding obligations   $ (2)     (2)
Shares of common stock used to satisfy tax withholding obligations (in shares)   (32,000)      
Share repurchases   $ (300)     (300)
Share repurchases (in shares)   (7,493,000)      
Reissued - employee stock purchase plan   $ 6     6
Reissued - employee stock purchase plan (in shares)   96,000      
Net income     357   357
Cash dividends declared on common stock ($0.38, and $0.345 per share in 2019 and 2018 respectively)     (125)   (125)
Translation adjustment, net of tax       (16) (16)
Change in cash flow hedges, net of tax       (2) (2)
Pension and postretirement adjustments, net of tax       6 6
Cumulative effect of the adoption new ASUs     (26)   (26)
Ending Balance at Nov. 02, 2019 $ 832 $ (333) 2,310 (382) $ 2,427
Ending Balance (in shares) at Nov. 02, 2019 113,204,000        
Ending Balance (in treasury shares) at Nov. 02, 2019   (8,140,000)     (8,139,520)
Beginning Balance at Aug. 03, 2019 $ 825 $ (155) 2,226 (384) $ 2,512
Beginning Balance (in shares) at Aug. 03, 2019 113,200,000        
Beginning Balance (in treasury shares) at Aug. 03, 2019   (3,579,000)      
Issued under director and stock plans $ 1       1
Issued under director and stock plans (in shares) 4,000        
Share-based compensation expense $ 6       6
Share repurchases   $ (178)     (178)
Share repurchases (in shares)   (4,561,000)      
Net income     125   125
Cash dividends declared on common stock ($0.38, and $0.345 per share in 2019 and 2018 respectively)     (41)   (41)
Translation adjustment, net of tax       5 5
Change in cash flow hedges, net of tax       (5) (5)
Pension and postretirement adjustments, net of tax       2 2
Ending Balance at Nov. 02, 2019 $ 832 $ (333) $ 2,310 $ (382) $ 2,427
Ending Balance (in shares) at Nov. 02, 2019 113,204,000        
Ending Balance (in treasury shares) at Nov. 02, 2019   (8,140,000)     (8,139,520)
[1] The balance sheet at February 2, 2019 has been derived from the previously reported audited consolidated financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in Foot Locker, Inc.’s Annual Report on Form 10-K for the year ended February 2, 2019.